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Naira depreciates to N1,739/$ in parallel market
The Naira, on Thursday, depreciated to N1,739 per dollar in the parallel market from N1,735 per dollar on Wednesday. However, ...No deadline on circulation of old naira notes, says CBN
The Central Bank of Nigeria (CBN) says Nigerians should disregard claims that the old naira notes will cease to be ...Prices of food items rising due to grain hoarders, smugglers, says FCCPC
The Federal Competition and Consumer Protection Commission (FCCPC) says grain hoarders and smugglers are contributing to food inflation in Nigeria. ...Tinubu wants filling stations converted to CNG outlets – Minister
Ekperipke Ekpo, minister of state for petroleum resources (gas), says President Bola Tinubu wants filling stations converted to compressed natural ...Naira-for-crude: Dangote gets NNPCL’s first supply
The Dangote Petroleum Refinery has received four cargoes of crude oil from the Nigerian National Petroleum Company Limited under the ...Nigeria still borrowing amid high debt costs – IMF
Nigeria’s engagement with the global debt market remains vibrant despite challenges posed by high borrowing costs, the International Monetary Fund ...Over 50% of Nigeria’s population live in poverty – World Bank
The World Bank says more than half of Nigeria’s population lives in poverty. In its latest Nigeria Development Update (NDU) ...FG directs NNPC, local producers to halt LPG exports by November 1
The federal government has directed the Nigerian National Petroleum Company (NNPC) Limited and liquefied petroleum gas (LPG) producers to stop ...Dangote group to withdraw ₦100bn suit against NMDPRA, others
In a surprising twist of events, the Dangote Group says it will withdraw its ₦100bn suit against the Nigerian Midstream ...Electricity produced with petrol generator now costs N750/kWh, says Adelabu
Adebayo Adelabu, minister of power, says one kilowatt-hour (kWh) of electricity produced by petrol-powered generators now costs N750. Speaking at ...
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